Vicor Corporation (VICR)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.00 | 6.23 | 6.91 | 6.94 | 7.86 | 6.71 | 6.51 | 6.73 | 6.14 | 13.22 | 13.31 | 13.65 | 13.06 | 6.93 | 6.31 | 6.76 | 7.25 | 6.71 | 5.54 | 6.33 | |
| DSO | days | 52.11 | 58.60 | 52.82 | 52.57 | 46.41 | 54.39 | 56.04 | 54.21 | 59.47 | 27.61 | 27.43 | 26.73 | 27.95 | 52.67 | 57.84 | 53.97 | 50.36 | 54.40 | 65.89 | 57.67 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.00
= 52.11
The Days Sales Outstanding (DSO) ratio of Vicor Corporation has shown some variability over the reporting periods provided. The DSO measures the average number of days it takes for a company to collect payment after a sale has been made.
From March 31, 2020, to December 31, 2021, the DSO ranged from 50.36 days to 27.95 days, indicating an improvement in the company's ability to collect receivables more quickly. This trend suggests more efficient accounts receivable management, which could positively impact cash flow and working capital.
However, from December 31, 2021, to September 30, 2024, the DSO increased and fluctuated between 27.61 days to 58.60 days. This increase in DSO could imply potential challenges in collecting payments from customers promptly or changes in the company's sales policies affecting payment terms.
Overall, it is important for Vicor Corporation to monitor and manage its DSO effectively to ensure timely collection of receivables, optimize cash flow, and maintain a healthy liquidity position.
Peer comparison
Dec 31, 2024